TEL AVIV, Israel, July 13, 2026 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has entered into a securities purchase agreement with certain institutional investors to purchase 732,683 ordinary shares in a registered direct offering at a purchase price of $10.25 per ordinary share. The gross proceeds to SuperCom from the offering are expected to be approximately $7.5 million before deducting placement agent fees and other estimated offering expenses. The offering is expected to close on or about July 14, 2026, subject to the satisfaction of customary closing conditions. SuperCom intends to use the net proceeds from the offering for working capital and general corporate purposes, including to support the implementation and expansion of new and existing government projects, such as those recently launched by SuperCom in Europe and the U.S., which have combined published budgets of over $80 million. Maxim Group LLC is acting as the sole placement agent in connection with the offering. The ordinary shares are being offered pursuant to SuperCom's shelf registration statement on Form F-3 (File No. 333-284219), which was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on January 21, 2025. The offering will be made only by means of a prospectus supplement that forms a part of such registration statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. A prospectus supplement relating to the offering will be filed by SuperCom with the SEC. When available, copies of the prospectus supplement, together with